Yes, too bad about the proposed Chicago Bowl.^
"A pedestrian street in Chicago zoning parlance requires storefronts close to the sidewalk and bans strip malls, drive-throughs, auto lots, gas stations, car washes and self-storage warehouses.
Plans for the former AAA Distributing Co. building are unknown, but changes may have been triggered when the property recently cleared probate, East Village Association vice president Neal McKnight says. Razing the structure removes a barrier to potential development, McKnight suggests, and rates a modestly lower property tax bill as a vacant lot.
Brooklyn Bowl managing partner Peter Shapiro confirmed to EVA that his development group abandoned plans for a long-term lease of the building. Renovation costs were higher than expected, Shapiro said, and the Chicago Bowl developers grew more concerned that big concerts might overwhelm the area's traffic and parking capacity. The group continues to scout Chicago locations for a music venue, restaurant and bowling alley."
http://news.eastvillagechicago.org/